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With the rise of its economic strength, China has endeavored to develop its relations with every part of the world, including Central and Eastern European countries (CEECs). Apart from securing its own needs for external resources and new markets, China also wishes to play a more important role in global governance as a responsible stake-holder.
In......
“The financial crisis is not yet over..., but our work so far indicates that our measures are effective. People across the country should be proud of it,"
Wen Jiabao, Chinese Premier,
Interview with Xinhua News Agency, December 27, 2009.
Many Chinese scholars believe that the current global financial crisis, triggered by the U.S. subprime crisis......
The formation of the 16+1 framework is one of the most important achievements of China’s diplomacy. The ‘16+1’ framework refers to different mechanisms and arrangements between China and 16 Central and Eastern European countries that were formed after Premier Wen Jiabao’s historic visit to Poland in 2012. Since then, the 16+1 cooperation framew......
While the world is going to welcome the upcoming G20 Leaders' Summit to be held in St. Petersburg on September 5-6, 2013, there are three myths that must be dymisfied.
Myth 1: The G20 is a talkfest by the bigwigs. It is said that the G20 was a fairly impotent group only during the financial crisis when it was most needed. According to some observer......
Croatia officially became the 28th member of the EU on July 1, and the first country from the western Balkan region in the bloc. The move carries positive significance not only for Croatia but also for other western Balkan states and even the EU.
After 10 years of unremitting efforts since its first formal application to join the EU, Croatia's achi......
How can we say a country is caught in a debt crisis or not? There is no definite definition. The former Italian Prime Minister Berlusconi was reported to say that Italy did not have a debt crisis because restaurants in his country were filled with diners.
Sadly, neither is there a well-recognized definition of resolving the European debt crisis......
China inked a free trade agreement (FTA) with Switzerland over the weekend, which will largely benefit Chinese customers through tariff reductions on Swiss imports.
But beyond cheaper Swiss watches, I think there is still much the country can gain from this deal.
Striking such an agreement in the geographic heart of Europe may prompt other Europea......
The ongoing economic crisis that landed Europe in plight has definitely an impact on China in the following ten aspects, half of which are positive with the other half negative:
First of all comes the negative ones:
First, the current European economic crisis has not only increased the volatility and uncertainty of the world economy but also dragge......